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thanks from this person, as we know it to be a working system that simply "burps" every now and again.

BUT THATS NOT WHAT I WANT TO TALK ABOUT ------ someone im doing some teaching with had gotten himself into a bit of bother about a few currencies that he was down a lot on and wondering if he should bail or not, which would have been a significant hit to his account.

being the absolute wonder I am with charts (lol) i could look forward to where it was due to drop, although i couldnt quite place the tp point exactly, at least not until yesterday and today. Needless to say, it dropped and he got out unscathed, although i would have held for more profit, but that is also not the problem.

PLEASE, PLEASE, PLEASE, when you start trading, STICK with one currency until you clear your trades. The REASON is supremely simple --- if you get in trouble with the currency, if you have OTHER currencies moving up and down, you can EASILY destroy your account, because you wouldnt even know which currency to hedge to save your MARGIN !!!

you will probably go ahead and not listen to me, but perhaps SOMEONE here will heed these words and be saved a wipeout ---- trust that i know this from experience and will never do it again, not because it happened once, but because i see it happening constantly.

STICK WITH ONE CURRENCY until you have your profits, because its easier to defend ONE place then find yourself running all over the country or world defending EVERYPLACE ! (in truth, I wasnt thinking of any political parallels when i wrote this, BUT on the other hand . . . . . . . . . . . )

enjoy and trade well

mp

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Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages !

As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !!

Thanks K for the kind words. :-)

Next question. Mukesh, what indicator is this please?

Attached Images

What.jpg (15.8 KB, 822 views)

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FatCat

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Here you go ....Wayne.

Mukesh

Attached Files

Bobokus_fibo_daily_zone.mq4 (4.5 KB, 174 views)

Thank you Mukesh. :-)

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FatCat

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http://ffs.ovenstone.net

I have modified the Join the Dots EA to incorporate a new feature called TradeDelay.

If TradeDelay is set to false, the EA will open trade on the first sighting of the dot.

If TradeDelay is true, the EA will wait until the next candle appears. If the dot does not repaint, it will enter trade. If it repaints on the new candle, it will wait again.

Regards,

Azmel.

Attached Files

Join the Dots v1.3.mq4 (15.7 KB, 214 views)

Azmel,

An option to take short trades only when price is below the hull ma and long only when above the hull ma would be excellent.

hello Azmel,

Thank you for the joining the dots EA. Its very exiciting and its one of the better EA I have tested so far. Since the dots repaint,

Is it possible for you to code this way:

Take the trade on the appearance of the dot, If it repaints, every 30 pips down the EA enters another trade. Closing the trade is the same. I feel we can squeeze more pips out of every trade.

Thanks once again,

chonghm

Hi Azmel

Thank you very much.
Another change please.
Open another trade please at the same time as the original trade, the new trade should have no TP, just a TS of 55, but should close if the first trades SL gets hit. Otherwise it must just be ignored by the EA once opened and should only be closed by the TS.

Cheers
Wayne

The TS of 55 must be active immediately that the trade is placed. It must not wait for the trade to get into profit!

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FatCat

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Azmel,

A trading time function would help to further refine this method.

Can you please explain exactly how you see this working and across so many different pairs on a H4 charts, would it be a viable option?

Cheers
Wayne

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